AUSTIN UNIT
AUSTIN UNIT is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1996 to August 2026, totalling 737,483 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $59K, with roughly $10K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 369 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 1,025 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about AUSTIN UNIT
- Who operates AUSTIN UNIT?
- AUSTIN UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is AUSTIN UNIT?
- AUSTIN UNIT is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 159986.
- Is AUSTIN UNIT still producing?
- AUSTIN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AUSTIN UNIT is August 2026.
- How much has AUSTIN UNIT produced?
- AUSTIN UNIT has reported 737,483 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1996 and August 2026, from 1 wellbore.
- How much is AUSTIN UNIT worth?
- The remaining production from AUSTIN UNIT is estimated to be worth about $59K in total as of 26 August 2026, within a range of $46K to $72K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AUSTIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production AUSTIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AUSTIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does AUSTIN UNIT generate in a year?
- AUSTIN UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AUSTIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Hansford (Morrow, Lower) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 159986 |
| Wellbores | 1 |
| Reported production | 737,483 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where AUSTIN UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.